Solapur Solar Energy Private Limited

Implements solar power projects with government contracts and long-term agreements.

2014 | Mumbai, Maharashtra (India) | Active
Last Updated: July 03, 2024

Solapur Solar Energy Profile

Key Indicators

  • Authorised Capital ₹ 12.01 Cr
  • Paid Up Capital ₹ 11.80 Cr
  • Company Age 10 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 35.23 Cr
  • Revenue Growth -11.11%
  • Profit Growth -83.88%
  • Ebitda 2.20%
  • Net Worth 1.51%
  • Total Assets -4.72%

About Solapur Solar Energy

Solapur Solar Energy Private Limited (SSEPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 March 2014 and has a history of Ten years and 11 months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Sunilhitech Solar (Dhule) Private Limited. The Company is engaged in the Environment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 12.01 Cr and a paid-up capital of Rs 11.80 Cr.

The company currently has active open charges totaling ₹35.23 Cr.

The Key Managerial Personnel (KMP) at Solapur Solar Energy Private Limited India is Ashish Shah as COMPANY SECRETARY. Mahesh Bade and Venkataramana Condoor serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sunilhitech.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40108MH2014PTC254060

  • Company No.

    254060

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Mar 2014

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Environment

Who are the key members and board of directors at Solapur Solar Energy?

Executive Team (1)

NameDesignationAppointment DateStatus
Ashish Shah Country flag representing In Company Secretary01-Sep-2018Current

Board Members (2)

NameDesignationAppointment DateStatus
Mahesh Bade Country flag representing In Additional Director 02-Mar-2024Current
Venkataramana Condoor Country flag representing In Director 10-Mar-2014Current

Financial Performance of Solapur Solar Energy.

Solapur Solar Energy Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.11% decrease. The company also saw a substantial fall in profitability, with a 83.88% decrease in profit. The company's net worth moved up by a moderate rise of 1.51%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-11.11%
Revenue from Operations
11.51%
Total Assets
-4.72%
Profit or Loss
-83.88%
Net Worth
1.51%
EBITDA
2.20%

What is the Ownership and Shareholding Structure of Solapur Solar Energy?

In 2022, Solapur Solar Energy had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹35.23 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Ptc India Financial Services Limited : 28.48 Cr
  • Sbicap Trustee Company Limited : 6.75 Cr

Latest Charge Details

DateLenderAmountStatus
02 Sep 2015Sbicap Trustee Company Limited₹6.75 CrOpen
27 Nov 2014Ptc India Financial Services Limited₹28.48 CrOpen

How Many Employees Work at Solapur Solar Energy?

Unlock and access historical data on people associated with Solapur Solar Energy, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Solapur Solar Energy, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Solapur Solar Energy's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Solapur Solar Energy

Recent activity within the organization

  • Director Appointment

    Mahesh Arjun Bade was appointed as a Additional Director was appointed as a Additional Director on 02 Mar 2024 & has been associated with this company since 11 months 21 days .

    02 Mar 2024

  • Annual General Meeting

    Solapur Solar Energy Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Solapur Solar Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Ashish Mahendrakumar Shah was appointed as a Company Secretary was appointed as a Company Secretary on 01 Sep 2018 & has been associated with this company since 6 years 5 months .

    01 Sep 2018

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 6.75 Cr registered on 02 Sep 2015 with Charge ID 10589833 was modified on 16 Sep 2015.

    16 Sep 2015

  • Charges

    A charge with Sbicap Trustee Company Limited amounted to Rs. 6.75 Cr with Charge ID 10589833 was registered on 02 Sep 2015.

    02 Sep 2015

Recent News, Updates & Announcement

Frequently asked questions

  • Solapur Solar Energy Private Limited was incorporated on 10 Mar 2014.

  • The authorized share capital of Solapur Solar Energy Private Limited is ₹ 12.01 Cr and paid-up capital is ₹ 11.80 Cr.

  • Currently 3 directors are associated with Solapur Solar Energy Private Limited.

    • Mahesh Arjun Bade
    • Venkataramana Condoor
    • Ashish Mahendrakumar Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Solapur Solar Energy Private Limited is Off No. 103 & 104 1St Flr Sai Prasad Com Prms Soc. Ltd 4Th Rd Opp. Khar Rly Station, Khar W, Mumbai, Maharashtra, India, 400052.

  • The corporate identification number (CIN) of Solapur Solar Energy Private Limited is U40108MH2014PTC254060 and the company number is 254060 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Solapur Solar Energy Private Limited is https://www.sunilhitech.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Solapur Solar Energy Private Limited has fallen by -11.11%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Solapur Solar Energy Private Limited has experienced an upsurge of 1.51%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Solapur Solar Energy Private Limited amount to ₹ 35.23 Cr.

  • The most recent Balance Sheet for Solapur Solar Energy Private Limited was filed with the ROC on 31 Mar 2023.

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